YEARLY HIGH
12.2049 LSL
YEARLY LOW
10.5598 LSL
YEARLY AVERAGE
11.3302 LSL

2023 NZD to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 12.2049. Conversely, the yearly low was recorded on January 5, dropping to 10.5598.

This high-to-low spread represents a total annual volatility of 1.6450 LSL. From a start-to-finish perspective, comparing the January average rate of 10.9575 to the December average rate of 11.6282, the exchange rate registered a net change of 6.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.2049 was up 8.38% compared to the 2022 peak of 11.2612, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 61,024 LSL
2022 Average 51,847 LSL
Yearly Trough Low 52,799 LSL
Transaction Impact: A difference of 8,225.14 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.9026
10.8716
JanuMarcMayJulySeptNove

NZD to LSL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.3508, compared to 11.3097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0411 points.

H1 Avg (Jan–Jun) 11.3508
H2 Avg (Jul–Dec) 11.3097

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.9136 LSL (High: 11.7746 / Low: 10.8611). On the other end, September was the most stable month, with a tight range of 0.2565 LSL (High: 11.4033 / Low: 11.1468).

July Spread (Volatile) ±0.9136
September Spread (Stable) ±0.2565

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.3283 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 11.8167) against the same month in 2022 (average: 10.1973), the exchange rate shifted by +1.6193 (+15.88%).

2023 Avg (May) 11.8167
2022 Avg (May) 10.1973

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2233 10.5598 10.9575
February 11.4499 10.8435 11.2424
March 11.5297 11.1575 11.3378
April 11.4731 11.0503 11.2620
May 12.2049 11.3277 11.8167
June 11.9926 11.2336 11.4884
July 11.7746 10.8611 11.3418
August 11.6067 11.0081 11.2574
September 11.4033 11.1468 11.2394
October 11.6946 10.9117 11.2350
November 11.5964 10.8351 11.1562
December 11.8615 11.3386 11.6282